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ONON: Keeping Pace Despite Headwinds

TheMotleyFool

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Here's our initial take on On Holding's (NYSE: ONON) fiscal 2025 first-quarter financial report.

On Holding's impressive growth machine showed no sign of slowing in the quarter, with the company reporting 43% revenue growth and improvements to gross profit margin.

The growth is coming from both wholesale sales and direct-to-consumer. At quarter's end, direct-to-consumer represented 38.1% of total sales, in line with the percentage from a year ago.

Source Fool.com

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